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Executive Summary

Turnkey Duplex | Shaw Neighborhood | 2 Blocks from Tower Grove Park
St. Louis, MO
Property Type: 2-Family Brick Flat
Unit Count: 2
Occupancy: Fully Occupied
Gross Monthly Income: $2,896
Owner-Occupant Opportunity: Available May 1, 2026
Investment Highlights
Turnkey 2-Family Asset in the highly desirable Shaw neighborhood
Strong Unit Mix:
Lower Unit: 2 Bedrooms / 2 Bathrooms
Upper Unit: 3 Bedrooms / 2 Bathrooms
New Roof (2025) – Major capital expense recently completed
Dedicated Rear Parking (2 Spaces) – Rare and valuable amenity
Classic St. Louis Red Brick Construction with long-term durability
Unfinished Basement for systems access and storage
Ideal for investors or future owner-occupants
Location Highlights
Just two blocks from Tower Grove Park
Minutes from South Grand dining, cafés, and entertainment
Strong rental demand driven by walkability and neighborhood appeal
Central South City location with easy access to major corridors
Investment Thesis
Immediate cash flow with stable in-place rents
Future upside through rent optimization and long-term appreciation
Excellent “house-hack” potential in a high-demand neighborhood

Property Facts

Price $484,834 CAD
Price Per Unit $242,417 CAD
Sale Type Investment
Gross Rent Multiplier 10.07
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 3,396 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1897/2020
Parking Ratio 0.59/1,000 SF
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
4952-00-0170-0
Land Assessment
$3,343 CAD
Improvements Assessment
$73,620 CAD
Total Assessment
$76,963 CAD
  • Listing ID: 39237298

  • Date on Market: 2026-01-28

  • Last Updated:

  • Address: 3616 Russell Blvd, Saint Louis, MO 63110

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